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Today we will analyze the stock TRAVLR COMP (PA9.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in TRAVLR COMP (PA9.BE)
1- Last bullish trend was from 40.21 $ (1/20/2011) to 44.29 $ (2/21/2011) a 4.08 $ move
2- The current bearish trend started from 44.29 $ at 2/21/2011 and is currently trading at 41.65 $.

3- PA9.BE current support level is at 40.21 which is the 100.00 % fibonacci retracement of the last 4.08 $ move. 4- PA9.BE current resistance level is at 41.77 which is the 61.80 % fibonacci retracement of the last 4.08 $ move. 5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.TRAVLR COMP (PA9.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 40.210 and 37.570 that was broken down at 41.140 transforming into a resistance line.TRAVLR COMP (PA9.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 37.570 and 37.340, and is currently supporting at 38.244.TRAVLR COMP (PA9.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 37.340 and 31.940 that was broken down at 41.750 transforming into a resistance line.

Stock Trading Conclusion:
TRAVLR COMP (PA9.BE) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

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